Barclays 2009 Annual Report Download - page 56

Financial review
Additional financial disclosure
continued
54 Barclays PLC Annual Report 2009 www.barclays.com/annualreport09
Net interest margin 2009 2008 2007
%%%
UK Retail Banking 1.40 1.70 1.78
UK Commercial Banking 1.55 1.61 1.74
Barclaycard 9.69 7.58 7.24
GRCB – Western Europe 1.71 1.67 1.40
GRCB – Emerging Markets 4.49 4.14 3.68
GRCB – Absa 2.61 2.68 2.86
Barclays Wealth 1.02 1.04 1.12
GRCB and Wealth 2.11 2.07 2.07
Average balances 2009 2008 2007
£m £m £m
UK Retail Banking assets 97,830 90,263 78,502
UK Retail Banking liabilities 89,042 85,892 81,848
Barclays Commercial Bank assets 63,273 61,710 53,947
Barclays Commercial Bank liabilities 49,012 47,624 46,367
Barclaycard assets 28,102 23,552 18,976
GRCB – Western Europe assets 51,684 41,719 30,145
GRCB – Western Europe liabilities 17,379 10,610 7,489
GRCB – Emerging Markets assets 8,341 7,016 3,559
GRCB – Emerging Markets liabilities 8,200 7,387 5,115
GRCB – Absa assets 32,483 27,706 25,333
GRCB – Absa liabilities 17,380 13,454 11,511
Barclays Wealth assets 12,293 9,749 7,403
Barclays Wealth liabilities 37,198 37,205 31,151
Total GRCB and Wealth assets 294,006 261,715 217,865
Total GRCB and Wealth liabilities 218,211 202,172 183,481
Business margins 2009 2008 2007
%%%
UK Retail Banking assets 1.32 1.25 1.20
UK Retail Banking liabilities 1.36 2.01 2.15
Barclays Commercial Bank assets 1.60 1.55 1.80
Barclays Commercial Bank liabilities 1.22 1.47 1.49
Barclaycard assets 8.97 6.92 6.51
GRCB – Western Europe assets 1.33 1.19 1.13
GRCB – Western Europe liabilities 0.46 1.29 1.64
GRCB – Emerging Markets assets 5.20 4.89 6.62
GRCB – Emerging Markets liabilities 2.26 2.12 0.75
GRCB – Absa assets 2.68 2.79 2.70
GRCB – Absa liabilities 2.43 3.06 3.21
Barclays Wealth assets 1.01 1.04 1.11
Barclays Wealth liabilities 0.96 0.95 1.03
Total GRCB and Wealth assets 2.36 2.07 2.06
Total GRCB and Wealth liabilities 1.31 1.72 1.80
Analysis of net interest income 2009 2008 2007
£m £m £m
GRCB and Barclays Wealth net
interest income pre product
structural hedge 8,654 8,845 7,772
GRCB and Barclays Wealth net
interest income from product
structural hedge 1,364 44 (7)
GRCB and Barclays Wealth share
of benefit of interest income on
Group equity 799 712 547
Total GRCB and Barclays Wealth
net interest income 10,817 9,601 8,312
Barclays Capital net interest income
a1,598 1,724 1,179
BGI net interest incomea43 (38) (8)
Other net interest income (507) 182 127
Group net interest income 11,951 11,469 9,610
Margins and Balances
For commentary on business margins please refer to the Analysis of Results
by Business on pages 58 to 79.
Note
aIncluding share of the interest income on Group equity.